Gushan Environmental Energy Ltd. (GU) NewsBite - GU Soaring as Oil Prices Hit New High

Posted on Thursday, January 03, 2008 1:40 PM
Gushan Environmental Energy Ltd. (GU) opened at $10.33. So far today the stock has hit a low of $10.31 and a high of $11.79. GU is now trading at $11.79, up 1.74 (17.31%). Since the company's IPO last month, today's high of $11.79 represents its one-year high. Bio-diesel producer GU has seen a jump in stock price today as oil futures rose to a new record of $100.09 a barrel Thursday after the government reported a larger-than-expected decline in crude oil inventories and an unexpected rise in heating oil supplies. There are no options trades available for GU at this time, we will be watching this stock for now. [LHF- Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: BRCM, UNH, FNM, FRE, CVX, TGT, WYE, CAL, CX, GFI, WLP (Click Symbol For Latest News)

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